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Law no. 3/2011-Republic of Guinea Bissau Investment Code.

Country/Territory
Guinea-Bissau
Document type
Legislation
Date
2011
Source
FAO, FAOLEX
Subject
General
Keyword
Framework law Property rights Dispute settlement Subsidy/incentive Land tenure Legal proceedings/administrative proceedings Expropriation International trade Basic legislation Offences/penalties Financing Governance
Geographical area
Africa, Least Developed Countries, North Atlantic, Sahel, Small Island Developing States, Western Africa
Entry into force notes
This Law shall enter into force thirty days after its publication.
Abstract

The Investment Code approved by this law seeks to harmonize the rules in force in the Republic of Guinea-Bissau with the current version of the draft Community Code with a view to ensuring a smooth transition, with little changes, for an eventual alignment of legislation in this area in the framework of our sub-regional economic integration. The Code is composed of 5 chapters: general provisions (I); rights and guarantees (II); tax incentives (III); conflict resolution (IV); and final provisions (V). This Code aims to encourage and guarantee investments in the Republic of Guinea-Bissau and applies indiscriminately to investments, irrespective of the sector of operation of business, the nationality of the investor and the legal form of the company, or any other distinction nature, except as provided in this Code. Exceptions to this Code relate to investments in the areas of mining, oil and forestry, as well as those in free zones and duty free shops, which are governed under the legislation itself or investment contracts.

Full text
English
Website
investmentpolicy.unctad.org